What are the responsibilities and job description for the Credit Analyst position at Barings LLC?
At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.
We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.
Credit Analyst
As a Credit Analyst, the responsibilities you will perform in this position are a core function that directly impact new business and portfolio credit quality. Some of these responsibilities will include, but are not limited to the following:
- Review historical financial statements and anticipate changes to direct or redirect efforts to stay ahead of changes or trends
- Assign, review and edit risk ratings changes which may include complex scenarios
- Prepare credit approval memos to assess a borrower’s financial condition, industry, management qualifications and other criteria that could impact a borrower’s creditworthiness
- Be able to identify and assess risks of a borrower's business and industry
- Participate in quarterly credit review meetings
- Assist new business originators with new credit approvals
- Assist with running pricing models and validating pricing through other comparative means such as Bloomberg data
- Participating in the collection of delinquent payments, including a specialty area of U.S. Government finance
The Opportunity
Barings Equipment Finance a/k/a MassMutual Asset Finance has an immediate opening for a Credit Analyst to join their collaborative team. As a Credit Analyst for an equipment finance company who is well respected in the industry, you will analyze, evaluate and assist with commercial credit underwriting and monitoring of loan and lease customers. This is a fantastic opportunity to learn from more experienced members and take on increasing responsibility in all facets of origination and credit administration.
The Team
Equipment Finance is a national equipment finance company managing over $9 billion in assets and originating $1 to $2 billion a year in new credit requests. The team is comprised of credit analysts, business origination/relationship managers, operations staff, documentation staff and accounting staff. You will be joining an efficient and entrepreneurial team that emphasizes operational excellence and profit generation. You will also have exposure to senior leaders and if desired, this position provides a path for continued professional growth, development advancement opportunities.
The Minimum Qualifications
- At least a Bachelor’s Degree, preferably in accounting or finance
- At least 2 years of experience in a financial analysis role
- Familiarity with spreadsheets and data analysis tools
The Ideal Qualifications
- Familiarity with Financial Statements, including cash flow, leverage metrics and capital structure
- Work experience in credit analysis and commercial lending activity
- Prior experience in working in a commercial finance operation, preferably with some knowledge of leasing (bank, corporate finance office)
Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.
Barings offers a comprehensive benefits package including:
CORE BENEFITS & WELLNESS
- Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
- Fitness Center Reimbursement Program (Including Online Memberships)
- Employee Assistance Program (EAP)
- Fertility Benefits
FINANCIAL WELL-BEING
- Highly competitive 401(k) Plan with Company Match
- Health Savings Account (HSA) with Company Contributions
- Flexible Spending Accounts (FSA) - Health Care & Dependent Care
- Retirement Health Reimbursement Account
LIFE INSURANCE
- Basic and Supplemental Life Insurance
- Spouse and Child Life Insurance
TIME OFF, DISABILITY AND LEAVE OF ABSENCE
- Paid Vacation, Sick Days and Annual Holidays
- Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
- Short and Long Term Disability Plans
- Paid Volunteer Time
OTHER BENEFITS
- Education Assistance Program
- Charitable Matching Gifts Program
- Commuter Reimbursement Program
- Adoption and Surrogacy Reimbursement Program
